Panama’s unusual currency journey through dollarization is a fascinating tale of economic strategy and adaptation. This post explores the reasons behind adopting the U.S. dollar, its impact on economic stability and growth, and the challenges of having limited monetary control

Discover how the United States and Panama join forces to enhance the semiconductor supply chain. Explore the strategic partnership’s impact on diversification, economic growth, and regional competitiveness in the digital age.

Discover 3 investment options to obtain a Permanent Residence Card in Panama, in 30 days!

Examine the economic impact of the Panama Canal from a legal perspective and learn how our law firm can assist in maritime transportation and international trade matters. Dive deeper with ANORCO

Discover the legal framework that protects the biodiversity and environment in the Panama Canal’s vicinity and its importance in sustainable development.

Explore the fascinating legal history of the Panama Canal, from its construction to its influence on international relations and global commerce. Learn more with ANORCO

Free Zones are part of a special simplified global regime for the establishment and operation of companies that contribute to the development of the country and the creation of jobs, framed in the global goods and services economy.

The central theme focused on the instability, insecurity, and skepticism of the local consumer as a result of the COVID-19 pandemic.

Last Tuesday, January 10, a batch of 75,600 doses of Pfizer’s Bivalent vaccine against COVID was received in Panama.

Law 51 of 2008, as amended by Law 82 of 2012 (the “Law”) establishes the regulatory framework for the creation, use and storage of electronic documents and the electronic certification of signatures in Panama.

Through a Civil Works Construction Contract, a construction company undertakes to execute a project for the benefit of another called owner, who in turn is obligated to pay a certain price.

Our Political Constitution, aligned with international patterns, served as the basis for the enactment of Law 81 of March 26, 2019, regulated by Executive Decree 285 of May 28, 2021, which together constitute the general legal framework for the protection of Personal Data in Panama, setting the
minimum standards that must be met to comply in the processing of Personal Data and establishing the
applicable sanctions in case of non-compliance of the rules.

On September 1, 2022, Executive Decree No. 121 was issued, with the purpose of creating the regulatory framework that allows the supervised and controlled use and access of cannabis and its derivatives, for therapeutic, medical, veterinary, scientific and research purposes throughout the Republic of Panama, and at the same time prohibits the sale of medicinal cannabis door to door or by internet.